Toyota says to invest $180 mln in Indonesian unit

Newswire

JAKARTA, Feb 21 (Reuters) - Japan's Toyota Motor Corp said on Friday it planned to invest around $180 million in Indonesia, after taking control of its manufacturing unit in the country.
Toyota and its Indonesian manufacturing partner, PT Astra International , said on Thursday they would divide their joint venture car firm, Toyota Astra Motor, into two firms -- one handling manufacturing and the other distribution.
They said after the restructuring, Toyota would control 95 percent of the ...

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